Dear Halo Crew,
It's always a pleasure to connect with you all! As we continue our journey together, today, I'm writing to you again with an update on our vision for the future of Halo Wallet. So in today’s letter, we will focus on the 4 parts you care about most: product development vision, marketing plan, NFT Pass rights and token airdrop plan.
-Product Development Vision
As you know, Halo Wallet is a social wallet with a mission to empower users to take control of their personal data and earn rewards for sharing it. We believe that there is an enormous and unfair distribution of personal data value, and we aim to change this by giving users the power to monetize their data in a secure and transparent way.
In today's Web3 world, individuals often unknowingly give away their personal data and social interactions without receiving any compensation. This data is then exploited by third-party companies for market analysis and other purposes, generating significant profits for these entities while leaving the data owners with nothing.
We believe that this is wrong. Everyone deserves to be paid for their data, and we are committed to creating a platform that makes this possible.
Because of this, Halo Wallet is now focusing on the following 3 aspects to realize our vision: privacy protection, DID introduction, and building a powerful Web3 social platform.
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Privacy protection: We will prioritize protecting users' privacy by shifting our focus from EOA (Externally Owned Accounts) to AA (Account Abstraction) wallets, which offer enhanced privacy features, making them better suited for our goal of protecting user data.
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DID introduction: We will implement a DID (Decentralized Identity) system that allows users to grant permissions for their data in a flexible and granular manner. This system will enable users to control how their data is used and who has access to it.
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A powerful Web3 social platform: As you can see, we have a social feed homepage on Halo Wallet App, it's the core to build social connections and gain personal social influence for all users. We will add more interactive features to let the community find out the high quality content themselves. In addition to that, we hope Halo Wallet can attract more advertisers who would like to promote their product in Halo Wallet and you can earn your dividends if you grant your DID to us.
-The Marketing Plan
In the coming months, we will be integrating support for ZKsync and Linea blockchain networks, empowering you with greater flexibility and enhanced security. Additionally, we are introducing a powerful swap and on/off ramp router, simplifying your token transactions and fiat-to-crypto conversions.
To complement these technological advancements, we will be embarking on a series of PR releases and marketing campaigns alongside our core partners. These collaborations will not only expand our reach but also bring you a multitude of benefits, including token airdrops, NFTs, and whitelist slots.
We are deeply committed to providing you with a seamless and secure Web3 social wallet experience. Our Genesis Pass plays a pivotal role in this mission, providing exclusive privileges and rewards to our loyal supporters.
As we unveil these new features and partnerships, we warmly invite you to explore and experience the enhanced capabilities of Halo Wallet. We are confident that these enhancements will not only elevate your Web3 experience but also propel the Halo ecosystem to new heights.
-The NFT Pass Rights
In addition to the construction of the wallet itself, I want to talk more about our Genesis Pass. Since the minting event concluded a month ago, the floor price for the Genesis Pass has steadily increased, reaching an impressive $70 per pass. This remarkable growth reflects the unwavering support of our community and the immense value of the Genesis Pass.
Our vision for the Genesis Pass extends beyond its immediate benefits. We envision it as a catalyst for fostering a vibrant SocialFi ecosystem, where Social2Earn, Trade, pro features, and airdrops converge into a single, dynamic NFT ecosystem.
In pursuit of this vision, we have already implemented several Genesis Pass utilities, including XP earning, access to posting, and free Swap benefits. These features are just the beginning; we are committed to continuously enriching the rights associated with the Genesis Pass.
Holders of the Genesis Pass will enjoy a comprehensive array of privileges, encompassing economic, product, and governance benefits within the Halo platform. Additionally, they will reap the rewards of our partnerships, expanding their reach and opportunities.
We are incredibly grateful for the unwavering support of our Genesis Pass holders. Your contributions are instrumental in shaping the future of the Halo ecosystem.
-The Token Airdrop Plan
As we continue to build towards a decentralized future, the issuance of a Halo token has emerged as a critical component of our vision. We are thrilled to announce that we will be holding an airdrop in the future to distribute this valuable asset to our community.
While we are currently awaiting more favorable market conditions and further advancements in our product development, our dedication to rewarding our loyal users remains unwavering. We believe that the Halo token will serve as a powerful bond connecting all stakeholders within our ecosystem, fostering a more engaged, vibrant, and dynamic Halo community.
We are still finalizing the specifics of the airdrop plan, but rest assured that the core principle remains simple: your contributions will be directly reflected in the tokens you receive.Stay tuned for more details about the airdrop plan in the future.
We believe that Halo Wallet has the potential to revolutionize the way we think about data ownership and value. We are committed to creating a fair and equitable data ecosystem where users can benefit from their social interactions and data.
Regarding the above topics, I think that me and our COO Julie also described the details in our recent X Space. If you want to review more details, you can check the record and content of the X Space via the link: Record & Content
Thank you again for your support. We are excited to share this journey with you!
Goodbye & Good Luck.
Sincerely @Pioneer_Jeff
About Halo Wallet
Halo Wallet is a leading Web3 social wallet that utilizes its financial capability to monetize the data value of a social network. It aims to be a portal for global users in the SocialFi ecosystem by aggregating wallet’s activity across various protocols and turning them into a human friendly social feed. Halo Wallet ensures users have an intuitive interface to manage digital assets, track DeFi portfolios and discover market trends without leaving the app.